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China unveils $1.4tn package to shore up economy
China unveils $1.4 trillion stimulus in effort to boost flailing economy
The outlook is grim for the world’s second largest economy, with growth slowing and the prospect of a new trade war following Donald Trump’s electoral victory.
China approves $840B plan to refinance local government debt, boost slowing economy
China
has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economy
BEIJING
--
China
on Friday approved a 6 trillion yuan ($839 ...
Live news: China unveils $1.4tn package to shore up economy
But the officials did not announce additional measures to directly stimulate domestic demand, potentially disappointing markets that had been hoping the package would also help consumers. The debt relief measures follow the announcement of a large monetary stimulus in September.
China, Trump
Why China is worried about a second Trump presidency, and how Beijing might react
Donald Trump will return to the White House having set out his foreign policy approach for the next four years.
China's president congratulates Trump on win, says U.S. and China 'must get along'
Chinese President Xi Jinping congratulated President-elect Donald Trump on his election win and says the U.S. and China must "find a way to get along." NBC News' Janis Mackey Frayer has more on the how Trump's win could impact the U.
Trump Comeback Means Reckoning for China as It Draws Up Stimulus
Chinese lawmakers got a head start on the US election this week as they gathered to vote on the largest fiscal package since the pandemic.
Hosted on MSN
2h
Opinion | China Nurses Its Debt Hangover
Beijing
on Friday delivered a long hoped-for fiscal “stimulus” package, and while it may not be what many foreign ...
13h
China approves $1.4 trillion debt package in latest measure to boost flagging economy
Still, at this pace of growth, there’s a risk
Beijing
may miss its annual growth target rate of around 5%. After a summer ...
Bloomberg on MSN
13h
China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump
China
gave indebted local governments a 10 trillion yuan ($ ... to refinance “hidden” local debt onto public balance sheets ...
NBC News on MSN
7h
China has increased military flights near Taiwan by 300%, U.S. general says
Beijing
, which views Lai a “separatist” and a “troublemaker ... Chinese President Xi Jinping has said that he intends to ...
Hosted on MSN
13h
China unveils $1.4 trln local debt package but no direct stimulus
BEIJING
(Reuters) -
China
unveiled a 10 trillion yuan ($1.40 trillion) debt package on Friday to ease local government ...
16h
on MSN
China sends vice premier to COP29 climate summit in Baku
China's vice premier, Ding Xuexiang, will travel to Baku, the capital of Azerbaijan, to attend the COP29 climate summit next ...
Foreign Affairs
19h
China’s Gray-Zone Offensive Against Taiwan Is Backfiring
Over the past two years, major Chinese military exercises around Taiwan have gone from comparatively rare to almost routine.
15h
on MSN
EU and China Tout Progress on Negotiations to Avoid EV Tariffs
The European Union and China said they made some progress after a week of technical talks in Beijing aimed at scaling back or ...
Opinion
3h
Opinion
China Nurses Its Debt Hangover
Beijing must spend trillions of yuan to undo decades of loose credit.
12h
Analysis-Ready or not? How China scrambled to counter the second Trump shock
After Donald Trump first stormed the White House eight years ago, rattled Chinese leaders responded to his tariffs and fiery ...
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